Ana Dumitrache, Country Head at CTP Romania, will be a speaker in BR’s re:FOCUS on eCommerce, Retail & Logistics 2023, featuring in the first panel of the day, titled “The Future of Retail & eCommerce,” during which she will talk about the logistics and industrial real estate market.
Ana Dumitrache is the Country Head of CTP in Romania. She joined the group in 2016 with the clear target of turning it into the market leader that it is at present. Under her leadership, Romania has become CTP’s fastest-growing market.
In 2022, CTP Romania focused on the expansion of the parks in the portfolio, starting with Bucharest, which is increasingly emerging as a regional hub. Thus, CTPark Bucharest West, scheduled to become the largest industrial park in Europe, was expanded, as well as CTPark Bucharest from km 13 and CTPark Bucharest North, located in the Ştefăneşti-Afumati area.
Recently, CTPark Bucharest West reconfirmed its position as a regional logistic hub for the whole Balkans and beyond, by starting its cooperation with LPP, the fastest growing fashion retailer in Romania for its regional distribution center. LPP, the creator of five recognizable brands such as Reserved, House, Mohito, Cropp and Sinsay, leased 65,000 sq m of warehouse in CTPark Bucharest West.
“CTPark Bucharest West is a destination for market leaders. We are excited to start the partnership with LPP which has created five major brands and covers 38 countries. We think it is a very good match between CTP with LPP as two very entrepreneurial, ambitious and agile companies and which has allowed a record time leasing transaction. The LPP warehouse, BUW24, is a record in itself by size as it has a bit over 160,000 sq m GLA, being the largest building in the country, monobloc (i.e. without any partition walls), CTP high technical standard”, stated Ana Dumitrache, Country Head CTP Romania.
Regarding the plans for 2023, CTP is starting the expansion of CTPark Bucharest South, which represents another pin on the map of Bucharest, this time in the South, in the Popesti – Leordeni area. CTPark Bucharest South is strategically located between the Bucharest ring road and the future A0 motorway, with direct access to the A0, providing quick access to any area in Bucharest and its surroundings. In addition, the project offers an excellent connection to the Port of Constanta, with the A2 motorway only 9 km away, facilitating deliveries to foreign destinations such as Bulgaria, Greece and Turkey.
“Our park in the south of Bucharest benefits from the best infrastructure in the area, with two direct entrances from DN4, close to the ring road, but also with direct access to A0, at the junction point located at less than 500 m from our new building. We already have 70,000 sqm fully leased, another 15,000 sqm soon to be delivered and we’ll start the construction for 60,000 sqm. With this extension, CTPark Bucharest South will reach 150,000 sqm, all the infrastructure beeing already prepared for this”, added Ana Dumitrache.
CTP is the largest owner, developer and manager of logistics and industrial real estate in Continental Europe by gross leasable area, owning over 9.9 million m² of spaces in 10 countries. CTP is the only developer in the region with its entire portfolio BREEAM certified and its operations carbon-neutral in 2021, underpinning its commitment to a sustainable business. In Romania, CTP owns a total area of over 2.3 million m² of class A warehouses in 15 cities: Arad, Brasov, Bucharest, Cluj-Napoca, Craiova, Deva, Oradea, Pitesti, Sibiu, Timisoara, Turda, Targu Mures, Caransebes, Ineu and Salonta.